Livre sterling / Yen japonaisMis à jour GBPJPY - 5,000pip Target 🎯
The last time we looked at GBPJPY, we identified that the ascending correction in 2021 was very similar to the one in 2017. Since then, we broke out of the ascending correction and making our way lower.
Similarly to 2017, we are seeing a pullback straight after the break of ascending correction. The overall higher timeframe is showing us an expanded flat correction which is often a continuation pattern.
It is very possible that we will see the decline of GBPJPY for the next couple of years.
What do you guys think?
As always, goodluck and trade safe!
Similarly to 2017, we are seeing a pullback straight after the break of ascending correction. The overall higher timeframe is showing us an expanded flat correction which is often a continuation pattern.
It is very possible that we will see the decline of GBPJPY for the next couple of years.
What do you guys think?
As always, goodluck and trade safe!
Note
Previous GBPJPY analysis - Hit TP 850pips
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Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.